Organization of the Petroleum Exporting Countries

Oil Prices Slide Further on Plans to Increase Supply

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

By Rebecca F. Elliott

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Oil Prices Are Falling. Here’s Where That Could Spell Trouble.

For countries that depend heavily on oil revenue, dropping prices are worrisome.

By Neil MacFarquhar

Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries

Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and may be trying to appease President Trump, who has pushed for lower prices.

By Stanley Reed

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Exxon and Chevron Report Lower Profits While Girding for Tariffs

President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.

By Rebecca F. Elliott